The expansion stage is generally better for the economy than the peak stage. During expansion, economic growth is sustained, leading to increased employment, consumer spending, and investment, which can foster long-term stability. In contrast, the peak stage often signals an impending downturn, characterized by inflationary pressures and potential market corrections. A balanced approach that encourages steady growth without overheating is ideal for economic health.
do nothing and let the economy fix itself
The longest and largest expansion in history
Although China has the fastest growing economy, Japan would have the best economy.
the best example of a MIXED ECONOMY is the market economy and a command economy
The U.S. economy can be best described as socialism B. The U.S. economy is a pure market economy.
do nothing and let the economy fix itself
The longest and largest expansion in history
japan has the best economy of 2009
Although China has the fastest growing economy, Japan would have the best economy.
No. America has the best world economy. Chile has the best economy in SOUTH America.
trough, expansion, peak, recessionIn microeconomic terms:Start-up/Creation:-This is the stage where the business is not generating revenue but trying to establish itself in the market and attract a stable set of investors and customers. This is the stage where the business has to invest a lot of resources in creating the basic infrastructure and then marketing and advertising itself in the market.Growth:-This is the phase where the business owners start to establish their brand identity and generate brand loyalty within their customer base using sound marketing practices.Maturity:-Stage three is the stage where the business reaches a certain maturity level in terms of the market. This is the business stage where the profit margins are fairly stable.Recession/Decline:-This is the phase where the company struggles to maintain its existence in the market and trying its level best to equip itself for a quick recovery.In macroecconomic terms, the business cycle descibes changes in national income over the long term:The 4 phases of the cycle are:Expansion (employment and production are increasing, and interest rates are declining or holding steady)ProsperityContractionRecession (more than two consecutives periods of declining economic growth)The recession eventually ends when the economy starts to expand once more, and the cycle begins again.These phases are accompanied by changes in the employment level, production level and interest rates.
Planned economy- is the best synonym
Stage II
the best example of a MIXED ECONOMY is the market economy and a command economy
Heat expansion.
The U.S. economy can be best described as socialism B. The U.S. economy is a pure market economy.
The best way to improve Libya's economy is to destroy the capitalism.